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Old 05-30-2012, 12:45 AM   #11
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The grazing isn't all that good at my local Costco.
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Old 05-30-2012, 12:49 AM   #12
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no mini poutne, doughnuts, maple candies, or back bacon, taxy?

he hee, just kidding.

do the exit signs say "oot"?

sorry, couldn't help it.
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Old 05-30-2012, 01:40 AM   #13
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We have their AE card and it gives back 1-1 1/2 percent credit at the store at the end of the year if I am not mistaken. A big screen or two and regular trip can make make a difference. The benefits have been worth it! My wife deals with it But that is what I remember for what it is worth.
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Old 05-30-2012, 01:55 AM   #14
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1.5% of what equals $50 or $75? i suck at basic math.

unless you make big purchases every year, or buy a ton of small things for a group, you lose a few bucks. it's a genius idea tailored to the numbers. costco ain't in the business of losing money. not $1.

if they make a buck, their formula worked.
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Old 05-30-2012, 02:38 AM   #15
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I could be totally wrong with the math but I remember getting about 350.00 in store credit the year we bought a tv for around 1800.00 and we shoppped their for diapers and formula pretyy regularly.I bet it it at least covered the membership for the year.(I could be wrong)

My wife handles the finances........I handle the kitchen!...It works for us!
We spend a few thousand yearly there and anything back is appreciated as well as the immediate savings.
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Old 05-30-2012, 04:22 AM   #16
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We find the Costco Executive membership (AMEX card) well worth the price of the membership, I was skeptical at first, but we bought a tv the first year and the rebate paid for the membership, and more. Then we started using the card for everything, we put all of our purchases on it, gas, food, entertainment, vacations, utilities etc. even insurance and I have even been known to pay the real estate taxes with it. The only thing I haven't been able to figure out how to pay on it is the mortgage and believe me if I figure that out its going on there
too! You get a percentage back from AMEX and as an executive member of Costco you get a dividend back from Costco ( that one has to be redeemed at Costco).
DISCLAIMER: I don't advocate using credit cards anywhere, by anyone, unless you use them responsibly. The total balance of this card is auto-debited from our checking account each month. If we didn't have this done it would be far too easy for it to get out of control, since most of our monthly expenses are on the card the monthly balance is substantial. On the other hand we can track our monthly expenses rather easily tho there are a few places that don't take American Express. If you are folks who pay off your credit card debt monthly, then I highly recommend this card and if you are okay with auto pay for your living expenses, I also recommend this method. :-)
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Old 05-30-2012, 07:17 AM   #17
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Quote:
Originally Posted by Somebunny View Post
We find the Costco Executive membership (AMEX card) well worth the price of the membership, I was skeptical at first, but we bought a tv the first year and the rebate paid for the membership, and more. Then we started using the card for everything, we put all of our purchases on it, gas, food, entertainment, vacations, utilities etc. even insurance and I have even been known to pay the real estate taxes with it. The only thing I haven't been able to figure out how to pay on it is the mortgage and believe me if I figure that out its going on there
too! You get a percentage back from AMEX and as an executive member of Costco you get a dividend back from Costco ( that one has to be redeemed at Costco).
DISCLAIMER: I don't advocate using credit cards anywhere, by anyone, unless you use them responsibly. The total balance of this card is auto-debited from our checking account each month. If we didn't have this done it would be far too easy for it to get out of control, since most of our monthly expenses are on the card the monthly balance is substantial. On the other hand we can track our monthly expenses rather easily tho there are a few places that don't take American Express. If you are folks who pay off your credit card debt monthly, then I highly recommend this card and if you are okay with auto pay for your living expenses, I also recommend this method. :-)
We don't have the Costco Amex, but do have another rewards card. Even with our modest expenses, we usually net $200 a year in rewards, it's free money! I've known so many people that didn't realize that if you pay it off in full by the due date, then there is no interest!
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Old 05-30-2012, 07:55 AM   #18
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1% of $5,000 is $50.

The exit signs usually say "Sortie".
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Old 05-30-2012, 10:09 AM   #19
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Current membership is $55. for basic and $110 for exec. where you get 2% rewards. You'd have to spend $2,750. at Costco in a year to offset the added membership cost. Anything you spent over the $2,750 would give you actual financial benefit.
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Old 05-30-2012, 10:24 AM   #20
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Current membership is $55. for basic and $110 for exec. where you get 2% rewards. You'd have to spend $2,750. at Costco in a year to offset the added membership cost. Anything you spent over the $2,750 would give you actual financial benefit.
I usually get back more than I pay extra for the executive membership. One year I didn't so I didn't renew, but they wanted to give me some sort of deal on renewing the executive part. The first year, I had a money back guarantee that I would at least make my money back.

I buy a lot of my groceries there. I buy the occasional big box of computer paper, cat litter, and not much else that isn't groceries. BTW, it's only two of us here.
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